Question · Q4 2025
Caitlin Donahue asked about long-term expectations for the continued adoption of iEPCI and Subsea 2.0 and its impact on margin expansion, as well as the drivers behind the Subsea Q1 revenue guide.
Answer
Doug Pferdehirt, Chair and CEO, TechnipFMC, noted that iEPCI was the majority of inbound orders, well beyond previous targets, and expects continued growth for both iEPCI and Subsea 2.0. Alf Melin, CFO, TechnipFMC, clarified that the low single-digit sequential increase in Subsea Q1 revenue is primarily due to seasonality, including scheduled vessel maintenance, rather than structural changes, affirming the strong underlying business run rate.
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